RISING: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
RISING
Largest movements
- Deferred charges and accrued income -€12,358
down €12,358 (-100.0%), from €12,358 to €0
- Tangible fixed assets +€2,950
up €2,950 (+124.0%), from €2,380 to €5,330
of which Plant, machinery and equipment: +€4,552
- Cash +€2,173
up €2,173 (+24.8%), from €8,782 to €10,955
mainly Net result for the year (+€18,242) and Deferred charges and accrued income (+€12,358)
- Other debts -€25,491
down €25,491 (-7.4%), from €343,089 to €317,599
- Profit (loss) carried forward +€18,242
up €18,242 (+4.8%), from -€382,083 to -€363,841
- Gross operating margin +€8,975
up €8,975 (+77.0%), from €11,650 to €20,625
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,519 | €16,285 | -€7,235 | -30.8% |
| Fixed assets | 21/28 | €2,380 | €5,330 | +€2,950 | +124.0% |
| Tangible fixed assets | 22/27 | €2,380 | €5,330 | +€2,950 | +124.0% |
| Land and buildings | 22 | €2,380 | €778 | -€1,602 | -67.3% |
| Plant, machinery and equipment | 23 | - | €4,552 | +€4,552 | |
| Current assets | 29/58 | €21,140 | €10,955 | -€10,185 | -48.2% |
| Cash at bank and in hand | 54/58 | €8,782 | €10,955 | +€2,173 | +24.8% |
| Deferred charges and accrued income | 490/1 | €12,358 | €0 | -€12,358 | -100.0% |
| Total equity and liabilities | 10/49 | €23,519 | €16,285 | -€7,235 | -30.8% |
| Equity | 10/15 | -€320,083 | -€301,841 | +€18,242 | +5.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€382,083 | -€363,841 | +€18,242 | +4.8% |
| Amounts payable | 17/49 | €343,603 | €318,126 | -€25,477 | -7.4% |
| Amounts payable within one year | 42/48 | €343,089 | €317,599 | -€25,491 | -7.4% |
| Other amounts payable | 47/48 | €343,089 | €317,599 | -€25,491 | -7.4% |
| Accrued charges and deferred income | 492/3 | €513 | €528 | +€14 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,602 | €1,725 | +€123 | +7.7% |
| Other operating charges | 640/8 | €513 | €613 | +€99 | +19.4% |
| Gross operating margin | 9900 | €11,650 | €20,625 | +€8,975 | +77.0% |
| Operating profit (loss) | 9901 | €9,535 | €18,287 | +€8,752 | +91.8% |
| Financial charges | 65/66B | €63 | €45 | -€18 | -28.8% |
| Recurring financial charges | 65 | €63 | €45 | -€18 | -28.8% |
| Profit (loss) for the period before taxes | 9903 | €9,471 | €18,242 | +€8,771 | +92.6% |
| Profit (loss) for the period | 9904 | €9,471 | €18,242 | +€8,771 | +92.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,471 | €18,242 | +€8,771 | +92.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.